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width="1" height="1" //divpWall Street suffered its biggest battering in more than 10 years last
night, while fears of a long and painful economic slump continued to stalk the markets./ppBoth
stockmarket indices in the US - the Dow Jones Industrial Average, and Standard Poor's 500 index -
closed the day at levels not seen since before the burst of the dotcom bubble in 2000. And the
price of oil dropped below $50 a barrel for the first time in 3frac12; years./ppYesterday
afternoon, what little confidence remained in the market was sapped by a record rise in US
unemployment, and Washington's refusal to offer a financial bail-out to the country's so-called Big
Three carmakers./ppIn the final two hours of trading, the sell-off was brutal: the Dow plunged
444.99 points - or 5.6%- to 7552.29. The SP 500 slid 6.7% to 752.44, its lowest close since 1997.
Banking shares were perhaps the hardest hit, with Citigroup closing the day down 26%. This latest
share collapse left Citigroup - once the biggest bank in the world - with a market value of $25bn.
Less than two years ago, the group was worth more than $250bn./ppGM And Ford both closed up but
lost massive gains made earlier in the day when the prospect of a bail-out was still on the cards.
Their share prices plunged as Paulson revealed his distaste for government intervention in the car
market ./pp"No one thinks a failure of any company in [the auto] industry would be a good thing.
It's something to be avoided," Paulson said. But: "It doesn't make any sense to put any money in,
if there isn't a clear path to viability."/ppThe slumping markets were further buffeted by the
worst unemployment data in the US for 16 years. /ppInitial claims for state unemployment benefits
were a seasonally adjusted 542,000 in the week to November 15, compared with 515,000 a week before,
the biggest weekly increase since 1992. /ppCalifornia had the worst increase, with 15,000 more out
of work over the week. New York also posted record gains, with 3,700 newly unemployed people as a
large number of layoffs from Wall Street firms such as Goldman Sachs and Citigroup begin./pp"These
numbers are rotten," said David Wyss, chief economist at Standard Poor's in New York. He said
California's losses were so high because many businesses had been affected by the recent wildfires.
America's national unemployment rate is running at 6.5%, while total claims lasting more than one
week broke through the 4m mark, to hit a 25-year high./ppTo compound it all, the dollar weakened
further still against major currencies. A euro cost $1.2534, up from $1.2526 on Wednesday. /ppIn
the oil market, the cost of a barrel of benchmark Brent crude fell by almost $3 to $49.83 on
commodity markets. US light crude, which tends to be slightly dearer than Brent, briefly dipped
below the $50 level in New York trading./ppThe slump means British motorists are likely to see
petrol prices come down by a further 7p a litre before Christmas./ppThe Opec oil cartel is
contemplating supply curbs when it meets in Cairo next week, but oil analysts said the prospect of
tumbling demand for oil outweighed any possible cut in production. /ppThe RAC said the tumbling
cost of crude - dropping almost $100 a barrel since its July peak of more than $147 - would mean
that it would be pound;17 cheaper to fill up the average car. But AA spokesman Luke Bodset warned
that, while wholesale prices were being pushed down, "they are not necessarily being passed on to
the consumer, because the pound has lost a quarter of its value over the last year"./pdiv
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Age: 36 Hometown: Szczecin Where do you now live?: Strasbourg Where would you most like to live?: close to the sea, on a shore Who was your first "hero" in life?: Melvin Van Peebles What is your favorite thing to do on your day off from work?: listen music What is your favorite color?: the whole rainbow Who (or what) do you love?: the nature
Wooster: Who and/or what are some of your influences?
Mankind, anyone being able to do the worst and the best at the same time. A few passionated ones,
being better, provode me insipration to paint and become someone good as well.
Wooster: What other artists do you most admire?
I could quote hundred, but I have Andy Goldsworthy in mind for his poetry, Moretti for his
amazing drawings. C215 for doing so generous art, and for sure my idol James Brown.
Wooster: How would you describe your art to someone who could not see it?
I am mainly painting portraits of people who inspire me through their exemplar lives and actions
I try to catch their humanity and energy. I show my works through different ways (gallery,
streets, press) and I also use different techniques. I recently launched a blog www.cheval23.net so that i can present who is hidden behind the
portraits I paint
Wooster: What other talent would most like to have?
Without any doubt to play music. Music is the ultimate art, that does not need any translation
Wooster: What do you fear the most?
That I could not hear anymore, this could deprive me of listening music
The Official Google Blog: SearchWiki: make
search your own — Have you ever wanted to mark up Google search
results? Maybe you're an avid hiker and the trail map site you always go to is in the 4th
or 5th position and you want to move it to the top. Or perhaps it's not there at all and
you'd like to add it.
Remarkably faithful to the spirit of its source material, the film version of
Twilight
crams most of the key episodes from Stephenie Meyer's novel into its breathless, 122-minute
running time. Under the direction of Catherine Hardwicke
(Thirteen), Twilight gallops along handsomely, showcasing the cloudy, misty
beauty of its gorgeous Pacific Northwest forest locations; you can practically smell the pine
trees and feel the crunch of fallen leaves beneath your feet. Using voice-over narration
sparingly, screenwriter Melissa Rosenberg trots
out all the major (and most of the minor) characters from the book, recounting the story in
abbreviated fashion while demonstrating respect for Meyer's novel and its huge, faithful
audience.
Twilight may not add up to much more than the sum of its parts, but those parts can be
mighty entertaining, especially when handsome Edward (Robert Pattinson, oozing
uncertain charm) is whooshing through the woods with plucky Bella (Kristen Stewart,
self-assured and determined) on his back. Still, the romance at the heart of the book has been
shorn of some of its heart in the translation to the big screen, sacrificed on the altar of a
broader demographic. Readers of the book could feel somewhat shortchanged by the relentless
emphasis on forward momentum rather than romantic fantasy; the flip side is that newcomers can
enjoy the whirlwind pace and the brooding, ominous atmosphere, and everyone can revel in the
spectacle of flying vampires playing a pinball version of sandlot baseball.
Google has launched a new
feature to search for all searchers with Google accounts entitled SearchWiki. The new feature hasn’t propagated to any of our accounts
here at Mashable yet, so I have no hands-on experiences to report, but from the description and
the Google screencast, the feature allows you to re-order search result, remove and add links to
a given search result, and annotate results within your queries.
Here’s the screencast demonstration Google provided:
Â
As Googler Amay says in the video, all changes made to your search results are only visible to
you in your own account, and your results aren’t affected by other users deletions,
insertions or re-orders. Notes made on specific search results may, however, be
visible to others, which looks like it could be interesting to watch how they’ll keep it
from spiraling out of control.
It’s worthy of re-iteration that this isn’t a test feature, a Labs or 20% time
project, this is something that will go live on all users of Google Search while logged into
their Google accounts.
---
Related Articles at Mashable | All That's New on the Web:
I am loosing it after 2 days of messing around and nothing working. Can someone help me to
downgrade from 2.1-1.1.4 and get a signal? Everything worked with the downgrade and Ziphoned
cracked it. But now I can't make calls as my sim doesn't work in it. Please help
The issue im going to have is my harddrive on my laptop is partitioned to 30gb. I use partioned
drive for downloading and for ipod. As stuff on ipod increases then download space decreases.
Is there anyway or another Ipod manager that i could add apps, movies and music without having to
have them on both my pc and ipod?
Seeing a Windows blue screen of death is fine, if annoying, if you're just balancing your
checkbook, but what if you see it in more...precarious situations? Like when you're pumping gas?
Reader Dave...
MAKE: Tokyo Meeting 02 was held on 11/8 at Tokyo's Tama Art University, and the MAKE: Japan
events just keep getting bigger, better, and wonderfully wilder. Here are a few highlights
gleaned from the massive influx of pictures, video, and bloggings that this event inspired.
Here's a video featuring four particularly awesome things from the meeting:
・Make: hat
・Air canon
・iPhone radio-controlled model car
・Homemade tank
Click through to see more!
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Senior directors of online payment site E-Gold, who had pleaded guilty to charges of money
laundering, received small fines and no prison sentences. A judge said it was due to a lack of
criminal intent.
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